Tag: Kashmir day

  • Pakistanis observe Kashmir Solidarity Day

    Pakistanis observe Kashmir Solidarity Day

    People across Pakistan are showing support for their Kashmiri brothers and sisters’ fight against human rights abuses in the Indian Illegally Occupied Jammu and Kashmir (IIOJK) by observing Kashmir Solidarity Day on Monday.

    The Ministry of Kashmir Affairs issued a press release, stating that they have made all necessary arrangements to observe Kashmir Solidarity Day.

    The ministry is organising solidarity walks all over the country, including Azad Jammu and Kashmir. In Islamabad, a rally on Constitution Avenue showed support for the Kashmiri people.

    A minute of silence was also observed at 9:30am to pay homage to the martyrs of Kashmir.

    “Posters and billboards have been displayed around important Avenves, airports, and railway stations to highlight the plight of Kashmiri people,” said the statement.

    Additionally, educational institutions across the country have arranged debate and declamation contests along with essay writing competitions for the occasion.

    President Dr Arif Alvi has said that the right to self-determination is a cardinal principle of international law, but regrettably, the Kashmiri people have not been able to exercise this inalienable right.

  • Pakistan Stock Exchange to halt trading activity on February 8

    Pakistan Stock Exchange to halt trading activity on February 8

    In an official notice sent to all Trading Rights Entitlement (TRE) certificate holders, the Pakistan Stock Exchange Limited (PSX) has announced the closure of the exchange on Thursday, February 8, 2024. 

    This decision is attributed to the upcoming general election scheduled to take place on that day, as declared by the Election Commission of Pakistan.

    All TRE certificate Holders, along with the staff and concerned parties, are duly informed about the closure on February 8, 2024, which has been declared a public holiday by the Election Commission of Pakistan in conjunction with the national general election, PSX noted.

    Furthermore, it is pertinent to note that the PSX will also remain closed on Monday, February 5, 2024, in observance of Kashmir Day.

    Investors and market participants are urged to plan their activities accordingly, considering the temporary closure of the Pakistan Stock Exchange on these specified dates.

  • Banks nationwide to close on February 5 in observance of Kashmir Day

    Banks nationwide to close on February 5 in observance of Kashmir Day

    In a recent announcement, the State Bank of Pakistan (SBP) declared that banks across the country will remain closed on February 5 (Monday) in commemoration of Kashmir Day. The central bank issued a statement on Wednesday, confirming the closure of the State Bank of Pakistan on this day.

    “The State Bank of Pakistan will remain closed on 5th February, 2024 (Monday) being a public holiday on the occasion of ‘Kashmir Day’ as declared by the Government of Pakistan,” the statement from the SBP read.

    Kashmir Day is observed annually on February 5 in Pakistan to honour and remember the struggles and sacrifices of Kashmiris in the Indian Illegally Occupied Jammu and Kashmir (IIOJK).

    Last week, the federal government officially declared February 5 as a national holiday throughout the country. The Cabinet Division’s decision includes a national observance with a one-minute silence at 10 am on Kashmir Day.

    In addition to the nationwide recognition, the Sindh government also issued a notification today to observe Kashmir Day.

    On this day, the nation sends a resounding message of solidarity and support to the people living in the Indian-occupied valley. The Kashmir issue continues to be a significant point of contention between Pakistan and India. Islamabad consistently calls on the international community to organise a plebiscite in the disputed territory.

    The conflict gained global attention after Indian Prime Minister Narendra Modi’s decision to unilaterally revoke Article 370 of the Indian Constitution on August 5, 2019, which granted special status to the IIOJK. Pakistan has emphasised that normalising ties with India is contingent on the restoration of Kashmir’s special status.